Press release

EANS-Adhoc: STRABAG SE / Release pursuant to sec. 82 para 9 Austrian Exchange Act

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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  announcement.
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Litigation & Regulations

26.06.2009

The annual general meeting of STRABAG SE, FN 88983h, LG Klagenfurt, registered office in Villach, has made the following decisions on June 19th, 2009:

The annual general meeting has authorized the management board, in accordance with Sec 65 Para 1 No 8 of the Austrian Stock Corporation Act (AktG), to acquire bearer or registered no-par shares up to the maximum extent legally permitted, during a period of 30 months from the day of this resolution at a minimum price of no more than 20 % below and a maximum price of no more than 10 % above the average stock market closing price of the three days of trading preceding the buyback.

The management board shall be authorised, for a period of five years from this resolution, to sell or assign its own shares in a manner other than on the stock market or through a public tender, to the exclusion of the shareholders´ subscription rights.

The management board shall further be authorised to reduce the share capital of the company by up to EUR 11,400,000 by withdrawing up to 11,400,000 own bearer or registered no-par shares in accordance with Sec 65 Para 1 No 8 last sentence in connection with Sec 192 of the Austrian Stock Corporation Act (AktG) without further resolution by the Annual General Meeting. The supervisory board shall be authorised to determine the necessary changes to the Articles of Association required upon the withdrawal of the shares.

end of announcement                               euro adhoc
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Further inquiry note:

STRABAG SE
Dr. Christian Ebner
Konzernsprecher
Tel: +43-1-22422-1121
christian.ebner@strabag.com

Branche: Construction & Property
ISIN: AT000000STR1
WKN:
Index: WBI, ATX Prime, ATX, SATX
Börsen: Wien / official market

Permalink:

https://www.presseportal.de/en/pm/68446/1430069